LA Times buyer is a basketball-loving biotech billionaire

 

February 8, 2018



LOS ANGELES (AP) — The man buying the Los Angeles Times is a 65-year-old physician-entrepreneur described by Forbes Magazine as "America's richest doctor," and one who has said his goal is to cure cancer in his lifetime.

Dr. Patrick Soon-Shiong also is a basketball fanatic who shoots hoops on a hardwood court inside his multimillion-dollar mansion and who owns a minority interest in the Los Angeles Lakers that he bought from none other than Magic Johnson, the team's legendary president of basketball operations.

Soon-Shiong also owns a 26 percent stake in the Times' parent company, Tronc,...



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